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Showing 121 - 130 of 2612 results for "Loan"

Australian Unity chief retires

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
Australian Unity chief executive and group managing director Rohan Mead will retire at the end of this year, closing the book on a 21-year tenure at the financial services company. Australian Unity is now on the hunt for his successor, with an internal ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... credit funds. The deal announced on February 26 initially sought a minimum of $125 million to fund MoneyMe's personal loan and credit card offerings. This has now increased to $130 million due to "robust demand across all tranches" that resulted ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... either proposal," the board said. The $5 per share offer proposed by both bidders also considers the value of the subordinated loan notes and related additional return amount payable in May 2026, as was flagged by Insignia on March 4. The total amount ...

Younger women embrace geared strategies: Data

MATTHEW WAI  |  TUESDAY, 4 MAR 2025
... despite the growth, the margin lending usage has dipped 2% to 48%, Investment Trends said the drop is due to more focus on home loan redraw facilities, and 28% of margin lending investors planning to reduce borrowing in the next 12 months, citing interest ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... profit hit after electing not to exercise an early repayment request from NAB. Insignia issued $200 million of subordinated loan notes (SLNs) to NAB in May 2021 as part of the funding package to finance the acquisition of MLC Wealth from NAB. The SLNs ...

Metrics acquires BC Investment Group

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
... million. The purchase will refinance shareholder loans currently provided by FEC to BCI, which support BCI's investment in its loan portfolio.

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... principal and interest loans, if this does not continue, we may see an associated decrease in valuations in line with shorter loan period amortisation periods."

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

AI's big moment? Not this year, says Fidelity

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
Artificial intelligence (AI) isn't expected to see its big breakthrough this year. Nevertheless, expectations for returns on capital are at their highest since the pandemic, according to Fidelity International's 2025 analyst survey. AI is expected to ...

ASIC bans Brisbane-based financial services director

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... The banning of Aardoom comes after ASIC found that in 2023, Aardoom, as sole director of JB Markets, entered into a false loan agreement with another company in relation to a $540,000 cash payment made by that company to JB Markets in 2021, knowing that ...